Neither will Russia invade Ukraine, nor will there be a full-fledged war. Russia is simply using Ukraine to gain concessions on the sanctions in place against Russia and to keep Ukraine from joining the EU & NATO. Invading Ukraine will be the dumbest thing to do from Russia's perspective. This will either end in Russia removing troops from Belarus or in a small-scale tussle between Ukraine and Russia backed separatists.
Anyway, I'll buy more EUROA should it drop below 4c which is my average. EUR has nothing to do with Ukraine, yet. It only has an option to acquire a company which is simply bidding for a couple of Lithium assets in Ukraine. This acquisition will only go ahead if that company manages to win that bid, which is still a long shot as there will be a lot of competition. EUR should be valued at $300mn to$400mn on the Austria project alone. So, I'll be buying close to my average at every opportunity.
EUR Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held
